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Net Lease

Leading Aluminum Food Packaging Manufacturer | Virginia | Absolute Net w/ 2.25% Annual Increases

286 Expo Rd, Fishersville (Shenandoah Valley), VA 22939

Listing Price: $7,750,000

Cap Rate
6.52%
Gross SF
87,839
Price/Gross SF
$88.23
Lot Size
6.97 acres
Year Built
1978
Rentable SF
87,839

Investment Overview

Fishersville, Virginia is strategically located within Augusta County in the heart of the Shenandoah Valley, a well-established Mid-Atlantic manufacturing and distribution corridor. Positioned along Interstate 64 with immediate access to Interstate 81, the region provides efficient east-west and north-south connectivity across Virginia and the broader East Coast. This dual-interstate access supports streamlined freight movement to Richmond, Washington D.C., Baltimore, Raleigh, Charlotte, and other major population centers.

The Shenandoah Valley has long served as a hub for advanced manufacturing, food processing, packaging, and logistics operations. The region benefits from proximity to one of Virginia’s most productive agricultural corridors, supporting a robust food production and consumer staples ecosystem. This industrial base is complemented by access to regional rail infrastructure served by CSX and Norfolk Southern networks, as well as trucking access to the Port of Virginia, one of the fastest-growing container ports on the East Coast.

Augusta County offers a business-friendly operating environment with competitive tax structures, lower industrial occupancy costs relative to Northern Virginia, and active economic development initiatives focused on retaining and expanding manufacturing employment. The area is supported by a skilled workforce pipeline through Blue Ridge Community College and regional workforce development programs aligned with advanced manufacturing and automation.

Investment Highlights

  • Long Term Absolute Net Lease Featuring 2.25% Annual Rental Increases throughout the Initial Term and One, 10-year Extension Options.
  • Strategic Location Along I-64 Growth Corridor - Positioned Immediately Off Interstate 64, Providing Direct East-West Connectivity Between Richmond and Charleston.
  • Penny Plate is a Leading Aluminum Food Container Manufacturer Serving Foodservice, Retail, and Packer Processor Markets Nationwide.
  • Strong Regional Food Production Ecosystem - Located Near Major Agricultural and Food Processing Operations Across the Shenandoah Valley, One of Virginia's Most Established Food Production Regions.
  • Exposure to $900B U.S. Food Retail Industry - U.S. Grocery and Food Retail Sales Exceed $900 Billion Annually, Driven by Population Growth, Consumer Staples Demand, and Prepared Food Expansion.
  • Proximity to Regional Rail Networks - Located Within the Shenandoah Valley Rail Corridor with Access to CSX and Norfolk Southern Networks Supporting Regional Bulk Freight and Manufacturing Distribution.
  • Strategic Access to East Coast Population Density - Virginia Sits Within a 500-Mile Radius of Nearly Half the U.S. Population, Enhancing Distribution Efficiency and Market Reach.
  • Beneficiary of Growth in Prepared and Packaged Foods - Consumer Demand for Prepared Meals, Catering, Bakery Products, and Foodservice Packaging Continues to Expand Across Institutional and Retail Channels. Strong Mid-Atlantic Manufacturing Corridor - Situated in Augusta County, a Recognized Advanced Manufacturing Hub Supporting Food Production, Packaging, Logistics, and Industrial Operations Across the Shenandoah Valley.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    Managing Director Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Brian Hosey

    Senior Managing Director, Market Leader- Mid-Atlantic

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Net Lease

Leading Aluminum Food Packaging Manufacturer | Virginia | Absolute Net w/ 2.25% Annual Increases

Listing Price: $7,750,000

Cap Rate
6.52%
Gross SF
87,839
Price/Gross SF
$88.23
Lot Size
6.97 acres
Year Built
1978
Rentable SF
87,839

Investment Highlights

  • Long Term Absolute Net Lease Featuring 2.25% Annual Rental Increases throughout the Initial Term and One, 10-year Extension Options.
  • Strategic Location Along I-64 Growth Corridor - Positioned Immediately Off Interstate 64, Providing Direct East-West Connectivity Between Richmond and Charleston.
  • Penny Plate is a Leading Aluminum Food Container Manufacturer Serving Foodservice, Retail, and Packer Processor Markets Nationwide.
  • Strong Regional Food Production Ecosystem - Located Near Major Agricultural and Food Processing Operations Across the Shenandoah Valley, One of Virginia's Most Established Food Production Regions.
  • Exposure to $900B U.S. Food Retail Industry - U.S. Grocery and Food Retail Sales Exceed $900 Billion Annually, Driven by Population Growth, Consumer Staples Demand, and Prepared Food Expansion.
  • Proximity to Regional Rail Networks - Located Within the Shenandoah Valley Rail Corridor with Access to CSX and Norfolk Southern Networks Supporting Regional Bulk Freight and Manufacturing Distribution.
  • Strategic Access to East Coast Population Density - Virginia Sits Within a 500-Mile Radius of Nearly Half the U.S. Population, Enhancing Distribution Efficiency and Market Reach.
  • Beneficiary of Growth in Prepared and Packaged Foods - Consumer Demand for Prepared Meals, Catering, Bakery Products, and Foodservice Packaging Continues to Expand Across Institutional and Retail Channels. Strong Mid-Atlantic Manufacturing Corridor - Situated in Augusta County, a Recognized Advanced Manufacturing Hub Supporting Food Production, Packaging, Logistics, and Industrial Operations Across the Shenandoah Valley.

Investment Overview

Fishersville, Virginia is strategically located within Augusta County in the heart of the Shenandoah Valley, a well-established Mid-Atlantic manufacturing and distribution corridor. Positioned along Interstate 64 with immediate access to Interstate 81, the region provides efficient east-west and north-south connectivity across Virginia and the broader East Coast. This dual-interstate access supports streamlined freight movement to Richmond, Washington D.C., Baltimore, Raleigh, Charlotte, and other major population centers. The Shenandoah Valley has long served as a hub for advanced manufacturing, food processing, packaging, and logistics operations. The region benefits from proximity to one of Virginia’s most productive agricultural corridors, supporting a robust food production and consumer staples ecosystem. This industrial base is complemented by access to regional rail infrastructure served by CSX and Norfolk Southern networks, as well as trucking access to the Port of Virginia, one of the fastest-growing container ports on the East Coast. Augusta County offers a business-friendly operating environment with competitive tax structures, lower industrial occupancy costs relative to Northern Virginia, and active economic development initiatives focused on retaining and expanding manufacturing employment. The area is supported by a skilled workforce pipeline through Blue Ridge Community College and regional workforce development programs aligned with advanced manufacturing and automation.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    Managing Director Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Brian Hosey

    Senior Managing Director, Market Leader- Mid-Atlantic

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

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